-
A strike at Alumina Partners of Jamaica's plant in Nain, St. Elizabeth, Jamaica, was averted Monday, when workers returned to work just one day after the operations started to shut down.
-
Century Aluminum Co., Monterey, Calif., has been allocated sufficient electricity to accelerate the expansion of its Nordural ehf plant in Akranes, Iceland, where it expects capacity to reach 220,000 tonnes of primary aluminum a year by mid- to late 2006.
-
Rising energy and freight costs are expected to continue into next year and will impact heavily on copper product manufacturers, trade sources said.
-
The precious metals complex set four new trading records on the Chicago Board of Trade (CBOT) Thursday.
-
The London Metal Exchange has lifted the suspension on warrants for 8,425 tonnes of zinc and 1,200 tonnes of aluminum in three New Orleans warehouses.
-
Despite a 1.4-percent drop in world zinc mine production to 846,500 tonnes in September, the tally for the first nine months of the year remained 3.4 percent ahead of a year earlier at 7.4 million tonnes, according to the latest data from the International Lead and Zinc Study Group (ILZSG), London.
-
The pattern in the China copper trading affair is not new, according to David Threlkeld, who draws parallels not with former Sumitomo Corp. trader Yasuo Hamanaka but with Juan Pablo Davila.
-
The last time copper so gripped the interest of the international media, Sumitomo Corp.'s Yasuo Hamanaka controlled more than 5 percent of world supplies and his fraudulent trading had boosted prices by a third.
-
Copper prices will trail off toward the third quarter of next year as mine production increases and depleted global stocks are replenished, according to Keith Gwozdz, base metals analyst at New York-based Man Financial Inc.
-
Cobalt prices are soaring as buyers scramble for metal following news that Falconbridge Ltd., Toronto, has lost production at its Nikkelverk smelter in Norway.
-
Cerro Metal Products Co., Bellefonte, Pa., is increasing the metal value of brass rod alloy 360 by 10 cents to $1.71 a pound, effective Nov. 18, due to "continued increases in base metal prices, 70-30 clips and open-market brass scrap prices." Cerro's published "buyback" price for customer brass turnings also is being increased by 10 cents to $1.60 a pound.
-
A breakdown at Falconbridge Ltd.'s Nikkelverk refinery in Norway will have less of an impact on production than was originally thought, the company said Wednesday
-
PolyMet Mining Corp., Vancouver, British Columbia, has finalized its purchase of the former LTV Steel Mining Co. ore processing plant, which will now be reborn as a processor of nonferrous and precious metals.
-
Moving to focus more on core activities, Phelps Dodge Corp. has agreed to sell most of its North American magnet wire assets to Rea Magnet Wire Co. Inc., Fort Wayne, Ind., for $125 million.
-
Rising sales and completion of a smelter expansion helped cushion a third-quarter loss at HMZ Metals Inc., Toronto.
-
Frontera Copper Corp., whose principal asset is the Piedras Verdes Mine in Sonora, Mexico, reported deeper losses for the third quarter and nine-month period, citing costs affiliated with developing the mine.
-
Negotiations for 2006 magnesium contracts are nearly complete, and prices appear to have softened from last year.
-
The Ontario Superior Court of Justice has extended until March 31, 2006, a freeze on the account owned or controlled by John Cameron Fraleigh, managing director of private investment company Boutraille Corp., held at Dundee Securities Corp.
-
Teck Cominco Ltd., Vancouver, British Columbia, is considering investing in minerals exploration in China, but will do so only if the country's regulations are strengthened.
-
Alcoa Inc., the world's largest aluminum producer, plans to appeal a stamp duty assessment by Western Australia on the 2001 sale of its share in the Worsley alumina refinery to BHP Billiton Plc.
-
Kaiser Aluminum Corp. pushed further into the black during the third quarter, reporting earnings from continuing operations of $15 million in contrast to a $160.5-million operating loss in the same period last year.
-
Imports of copper concentrate into "greater Asia" might need to rise by 1.5 million tonnes per year by 2010 to meet growing demand, according to Nippon Mining Research & Technology Co. Ltd. (NMRT).
-
A seat on the Nymex division of the New York Mercantile Exchange was sold Tuesday for a record $3,775,000-the highest figure for a seat on any futures exchange.
-
The Chinese government has the capacity to establish and enforce a floor price for tungsten concentrate, of which there is no shortage, according to Robert Martin, managing director of Fairport, Ohio,-based Zigong International Marketing.